Economic Reporter :
Share market on Tuesday maintained the recovery trend with all the indices closing in the positive territory at the country’s twin stock exchanges.
The broader price index of Dhaka Stock Exchange (DSE) ended the session in green for the second consecutive day though the rise was marginal.
The DSEX closed the third session of the week 10.25 points higher at 4453.89 when the blue-chip DS30 and the Shariah DSES closed flat in green at 1709.58 and 1080.40 respectively.
All the market indicators at Chittagong Stock Exchange (CSE) also closed the day higher, with the major CSCX finishing 23.44 points up at 8329.28.
The daily trade volume at DSE rose to 8.90 crore shares from Monday’s 8.50 crore, but the value fell to Taka 300 crore from Taka 310 crore of the previous session.
Similarly, the trade volume at CSE increased to 72 lakh shares from the previous day’s 70 lakh while the trade value declined marginally to Taka 22.22 crore from Tuesday’s Taka 22.93 crore.
The number of gaining issues rose significantly at both DSE and CSE when a good number of buyers were repositioning. Out of the traded 313 issues, 153 gained against 107 losing securities.
Among the day’s traded 241 issues at CSE, 138 closed higher against 70 losing securities. Like on Monday, the higher number of advancing securities drove the broader index and the daily transaction up.
The large-cap issues were on buyers focus, resulted in significant gains in 128 securities against 89 lagging issues. Mutual funds gained further ground while 13 closed higher against 8 losing ones.
The major gainers were from energy and power, NBFI, IT and mutual fund when NFML, Eastern Tube, Exim 1st MF, BDH and Agni System were the top five advancing companies.
The major losers were BIFC, Kay & Que, EBL, Samata Leather and ICBEPMF1S1. Among the most liquid securities were Lanka Bangla, BSRM Limited, UPGDCL, CMC Kamal and Summit Power.